Markets & Finance

US residential solar installer Sunnova's new customer addition slightly dropped to over 37,000 in the third quarter this year, while its net loss in the same quarter increased to US$56.5 million year-on-year.

Trina Solar has signed an agreement with the MPower Group to supply modules and trackers for the latter’s 200MW solar portfolio in Australia.

PV Tech Premium caught up with the French solar PV manufacturing startup Carbon to discuss its plans for expansion, inclusion in a European research and development (R&D) ecosystem and how to redress the balance of EU solar supply.

Spanish utility Iberdrola has added 500MW of solar PV in the third quarter of 2023, most of which in Spain.

Multiple European solar associations have published an open letter, calling for the EU to develop industry strategy for the European solar PV sector and opposing the introduction of tariffs and trade barriers.

Nextracker has published its financial results for the third quarter of the year, headlined by revenue of US$573 million.

Colorado-based mini-grid specialist Husk Power has secured more than US$100 million in equity and debt funding aimed to grow its community solar mini-grids in rural sub-Saharan Africa and South Asia.

German technology group and PV component manufacturer Heraeus has acquired an undisclosed stake in French PV manufacturing startup Holosolis to support the development of its planned 5GW module assembly plant in Hambach, France.

The New York state government has awarded permits to 6.4GW of new clean energy projects in the state, 1.5GW of which will be in solar plants.

Of this 3.2GW, 1,485MW were solar PV installations. In addition, just over 1GW of new projects were placed into service since Q2.